DHL GLOBAL FORWARDING (DENMARK) A/S — Credit Rating and Financial Key Figures

CVR number: 16474606
Kirstinehøj 42, 2770 Kastrup
Michael.jeppesen@dhl.com
tel: 32501820

Credit rating

Company information

Official name
DHL GLOBAL FORWARDING (DENMARK) A/S
Personnel
207 persons
Established
1987
Company form
Limited company
Industry
  • Expand more icon52Warehousing and support activities for transportation

About DHL GLOBAL FORWARDING (DENMARK) A/S

DHL GLOBAL FORWARDING (DENMARK) A/S (CVR number: 16474606) is a company from TÅRNBY. The company reported a net sales of 1854.3 mDKK in 2023, demonstrating a decline of -44.8 % compared to the previous year. The operating profit percentage was at 4.2 % (EBIT: 78.3 mDKK), while net earnings were 70.5 mDKK. The profitability of the company measured by Return on Assets (ROA) was 11.8 %, which can be considered good but Return on Equity (ROE) was 36.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 30 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. DHL GLOBAL FORWARDING (DENMARK) A/S's liquidity measured by quick ratio was 1.3 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.

Financial information

See financials

Net sales (mDKK)

EBIT (mDKK)

Profitability

Solidity

Key figures (mDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales1 524.371 688.992 554.443 356.921 854.29
Gross profit98.90105.73153.24188.27191.18
EBIT-9.361.7049.0072.1778.27
Net earnings-7.192.3354.1461.7170.53
Shareholders equity total41.2943.6397.76159.47230.00
Balance sheet total (assets)292.57283.63575.15795.88753.99
Net debt32.8171.01123.48191.08137.33
Profitability
EBIT-%-0.6 %0.1 %1.9 %2.2 %4.2 %
ROA-1.7 %1.9 %12.6 %12.0 %11.8 %
ROE-16.0 %5.5 %76.6 %48.0 %36.2 %
ROI-6.5 %4.7 %30.1 %28.3 %24.8 %
Economic value added (EVA)-8.951.5252.1253.8156.20
Solvency
Equity ratio14.1 %15.4 %17.0 %19.9 %30.0 %
Gearing79.5 %162.8 %126.3 %119.8 %59.7 %
Relative net indebtedness %16.5 %14.2 %18.7 %19.1 %28.9 %
Liquidity
Quick ratio1.01.11.11.21.3
Current ratio1.11.11.11.21.4
Cash and cash equivalents
Capital use efficiency
Trade debtors turnover (days)41.342.255.341.745.4
Net working capital %1.0 %1.2 %2.4 %3.5 %9.7 %
Credit risk
Credit ratingBBBBBBBBBBBBA

Variable visualization

ROA:11.8%
Rating: 61/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:30.0%
Rating: 26/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member

Companies in the same industry

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